St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-05-28
FINANCIAL.
New York.

NEW YORK. May 27.-Money on call easy
at 40e7 per cent, last loan at 3 closed at go
q. Prime mercantile paper. 50l6. Sterling
exchange unchanged. The apathy among
operators was again noticeable in the stock
market to-day. the transactions being made
purely professional than for any previous
day this week, soon traders had things
pretty much to themselves, and resolutions
for the account for these who will be absent
from the street tomorrow where the most
important features Of the day. The traders,
who are for the most part beariShly inclined.
also attacked the market, and not with
the expectation of a further Improvement
and the moderately firm tone at the opening
several material declines were made. and
with the exception of a short period in the
afternoon the market was heavy throughout
the day. There was no special pressure to
sell except for short time in the first scare
There was special effort by bears at the close,
and attacks were made upon Pacific Mail and
New England. The rate for money was bid
up to per cent. Reading was again the
most prominent stock, but its fluctuations
were extremely light. Fort Worth d Denver
was the specially weak stock of the general
list, while among the specialties Alton &
Terre Haute was conspicuous for the decline
established. The opening was barely firm,
first prices showing insignificant changes
only from yesterdays final figures, with ad-
vances on small majority. There was con-
siderable activity i'll the first few minutes,
but the market soon became dull, and so re-
manned throughout the rest of the day. Prices
showed but slight movement, except in ST.
Paul d Duluth, which was again strong, Col
orado Coal, which declined a, but quickly
recovered, and Alton d Terre IFaute which
broke a. This was later followed by de-
cided weakness in Fort Worth d Denver
while st. Paul & Duluth lost the greater por-
ton of its former advance. The afternoon
market was extremely dull, with prices nearly
stagnant, except for a sharp recovery in
Alton & Terre Haute and the develop
ment of decided strength in Mani
toba. The heavy tone became more
pronounced in the last half, and the close
was quiet, but heavy to weak at the lowest
prices of the day. The entire active list is
lower, although the declines are for frac
tional amounts only, except Fort Worth &
Denver, which lost 11a. New England u and
Pacific Mail per cent. The railroad bond
market was quiet and displayed very little
feature, sales footing up 81, 400, 900, to
which Atlantic d Pacific incomes contributed
SLID. 600 and Denver IL Rio Grande Western
aSsented S106, 600. Final prices show irreg-
ular changes. Canada Southern registered
seconds gained 25s to 9Ss, and Alton d Terre
Haute dividends 4 to 49, Milwaukee, Lake
Shore u Western lost 2 to 10, Indianapolis
Decatur d. Springfield income receipts 2 to
40, Wabash convertibles 2 to 81. Govern
ment bonds were dull but firm. State bonds
were dull and steady. The total sales of
stocks to-day were 22S, $50 shares, includ-
ing:
Del. L. & w.. 3,360lPaciic Mail. 4,I6O
Erie 4,460 P, ID. d. Evans 1850
Fit. W. & Denv.. 1910 Reading .. GA, sos
Lake Shore 80. IL ,04S st. Paul 49,. $3.50
Missouri Pac.. =. II, $50 West. Union. 1920
Northern Pac.. 4, 100